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India’s renewable energy landscape is undergoing a rapid transformation as the country seeks to balance fast-growing electricity demand with its long-term climate and sustainability commitments. Even though coal remains a dominant force in India’s power system, the steady and accelerating rise of renewable energy—particularly solar and wind—signals a clear shift in the country’s energy priorities. As of November 2025, coal accounted for 43.08% of India’s total installed power capacity, underlining its continued importance in ensuring base-load power. At the same time, the expanding share of renewables highlights India’s determined efforts to move toward cleaner energy sources without compromising reliability. During the first eleven months of 2025, India added an impressive 34,983.53 MW of new solar capacity. This significant addition reflects strong policy support, improved project execution, and growing investor confidence in the solar sector. Government initiatives aimed at improving quality standards and strengthening domestic manufacturing have played a critical role in this expansion. Among these, the Approved List of Models and Manufacturers (ALMM) has emerged as a key policy instrument. By enforcing strict quality benchmarks for solar modules and encouraging the use of domestically manufactured components, the ALMM framework has helped reduce reliance on imports while boosting local industry. As a result, India’s solar PV module manufacturing capacity reached 122 GW by December 2025, a milestone that reinforces the country’s push for self-reliance in clean energy technologies. By the end of November 2025, renewable energy sources accounted for 39.94% of India’s total installed power capacity. Solar power has been the primary driver of this growth. Installed solar capacity rose to 132.848 GW, representing 65.25% of total renewable capacity and contributing 26.06% to the overall national power mix. This marked a year-on-year increase of 41.08%, reflecting the rapid pace at which solar projects are being commissioned across the country. Large-scale utility projects, rooftop installations, and hybrid systems have collectively accelerated India’s progress toward its clean energy targets. India’s total installed power capacity crossed 509 GW in November 2025, recording an annual growth of 11.6%. Despite the notable rise in renewable capacity, coal-based power continues to generate nearly half of the nation’s electricity. This situation highlights the complex challenge India faces: reducing dependence on coal while maintaining grid stability, affordability, and uninterrupted supply. As the share of variable renewable energy grows, the need for advanced grid management, energy storage solutions, and flexible generation has become increasingly critical. Beyond energy generation, the expansion of renewable energy is delivering wide-ranging social and economic benefits. Solar and wind projects are creating employment opportunities across the value chain, especially in rural and semi-urban areas. These projects are improving electricity access, stimulating local economies, and contributing to the development of remote regions. Consequently, the clean energy transition is not only addressing environmental concerns but also enhancing livelihoods and regional development. Rising renewable capacity has also strengthened India’s energy security. Reduced dependence on imported fossil fuels shields the economy from global price volatility and supply disruptions. Simultaneously, advancements in storage technologies and grid infrastructure are improving the reliability and integration of renewable power. Although coal remains a significant part of the energy mix, the consistent growth of renewable energy—led by solar—demonstrates India’s strong commitment to building a cleaner, more resilient, and self-reliant energy future that supports both economic growth and sustainability. Subscribe to get the latest posts sent to your email. Type your email… Subscribe


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Firms were invited to bid to be involved in a ground-breaking enterprise-style approach to enhancing Scotland’s water and waste water infrastructure over the period 2027 to 2033, with a potential extension for another six years. Following the largest procurement ever undertaken by Scottish Water, the publicly-owned utility has announced that the preferred bidders are: Director of Capital Investment, Rob Mustard, said: "The Enterprise is the most significant programme of investment and way of working we have ever implemented. It supports our goals of financial sustainability, customer and service excellence, and going beyond net zero, all while contributing to a flourishing Scotland.” “Primary Designers will be accountable for design across the Enterprise, ensuring that our designs deliver our outcomes, and Asset Delivery Partners will drive programme and project delivery, ensuring successful execution of capital works in line with those outcomes. “Once the legalities are completed, we see these organisations working with Scottish Water to form our Enterprise, delivering a third of SR27 investments for our customers.” The procurement process started on November 25, 2024, and is expected to be fully completed by March 2026.


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gCaptainThe first offshore wind turbine is installed at the South Fork Wind project offshore New York. Photo courtesy New York State The New York State Energy Research and Development Authority announced a $300 million competitive solicitation on Friday to support maritime port development projects aimed at strengthening the state’s offshore wind supply chain, even as the broader industry grapples with significant regulatory and financial challenges. The Port Infrastructure Request for Proposals will fund upgrades to load bearing capacity, wharf extensions, and other improvements designed to support offshore wind manufacturing, staging, and logistics while maintaining multi-use flexibility for container handling, vessel repair, and other commercial activities. “To continue building out New York’s maritime assets as well as the offshore wind sector, we need ports capable of supporting multiple industries and technologies,” said NYSERDA President and CEO Doreen M. Harris. “This solicitation will facilitate port development to support offshore wind projects through investments in multi-purpose ports that can withstand demand fluctuations for products and services from any market, helping to ensure stability, while driving economic development opportunities over the near- and long-term for New York.” The announcement comes as the offshore wind industry faces mounting pressures. A federal judge recently struck down the Trump administration’s directive to halt federal approvals for new wind energy projects, finding the agencies’ implementation of the order unlawful and arbitrary. New York led a coalition of 17 states and the District of Columbia in challenging the directive after the Interior Department ordered Norway’s Equinor to halt construction on its Empire Wind project off New York’s coast. The broader industry has seen its project pipeline slashed from 45 projects to 23 between the third quarters of 2024 and 2025, with planned capacity dropping from 55.9 gigawatts to 25.4 gigawatts, according to the Energy Industries Council (EIC). The contraction stems primarily from policy changes under President Trump’s One Big Beautiful Bill Act, which requires projects to start construction by July 4, 2026 to secure tax-credit eligibility, or begin service by December 31, 2027. Roughly 83 percent of projects are not aligned with these deadlines. Financial pressures have been severe. Stop-work costs reached up to $50 million per week on the Empire Wind project. Equinor reported a $763 million impairment related to Empire Wind 1 and South Brooklyn Marine Terminal development in its second quarter 2025 financial results, part of a larger $955 million write-down attributed to regulatory changes and increased tariff exposure. Trade measures have compounded challenges, with duties of 10 to 15 percent on goods from the EU and UK and up to 50 percent on some steel and aluminum affecting critical components including blades, towers, nacelles and cables. The Department of Transportation’s decision to rescind $679 million in port grants has further slowed infrastructure upgrades. New York’s $300 million solicitation will be available through multiple rounds until fully committed, repurposing $200 million previously allocated for the 2024 Offshore Wind Supportive Manufacturing and Logistics solicitation. Final proposals for round one are due by 3:00 p.m. ET on March 26, 2026. “The investments into New York’s waterfronts are projected to create thousands of good-paying jobs across the state, and the New York State Department of Labor stands ready to develop our workforce to take advantage of these new opportunities,” said New York State Department of Labor Commissioner Roberta Reardon. Rebecca Groundwater, EIC Global Head of External Affairs, emphasized the critical need for regulatory stability. “Policy clarity will be decisive in determining whether these projects move forward or stay in limbo,” she said. “Stable, predictable frameworks are what investors need to turn uncertainty into action and position the US to reclaim momentum in offshore wind development.” Despite challenges, construction has resumed on the Empire Wind project and Equinor maintains its 2027 commercial operation target date for Empire Wind 1. The $5 billion project is designed to power 500,000 New York homes and includes redevelopment of the South Brooklyn Marine Terminal into what is set to become the nation’s largest dedicated port facility for offshore wind. Sign up for gCaptain’s newsletter and never miss an update


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Saudi Gulf ProjectsAbu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), in partnership with Eni S.p.A. (“Eni”) and PTT Exploration and Production Public Company Limited (“PTTEP”), announced the successful signing of a landmark structured financing transaction of up to $11 billion (AED 40.4 billion), to monetize Hail and Ghasha’s midstream future gas production. Hail and Ghasha is part of the larger Ghasha Concession, located offshore Abu Dhabi, which is expected to produce 1.8 billion standard cubic feet per day (bscfd) of gas. It is also the world’s first offshore gas project of its kind that aims to operate with net zero emissions, capturing 1.5 million tonnes per year (mtpa) of carbon dioxide (CO2), equivalent to removing over 300,000 cars off the road every year. The non-recourse financing transaction, unique for an energy project of this scale and complexity, enables ADNOC to realize upfront value for its products at competitive rates. In addition to providing immediate access to capital, the financing structure introduces an innovative commercial model that ring-fences midstream processing facilities and operations, which enables ADNOC and its partners to raise low-cost funding while retaining strategic and operational control of the assets. This financing transaction is the latest in a series of ADNOC-led pioneering infrastructure development partnerships that have been executed over the past decade. ADNOC’s latest financing model follows a series of landmark midstream and infrastructure transactions, including a $4.9 billion (AED18 billion) oil pipeline partnership, and a $10.1 billion (AED 37.1 billion) gas pipeline agreement, with some of the world’s leading global infrastructure and institutional investors – as well as pioneering build-own-operate-transfer (BOOT) projects such as the $3.8 billion (AED14 billion) project to power and decarbonize offshore operations and the $2.2 billion (AED8.3 billion) project to deliver sustainable water supplies to onshore operations. The innovative financing structure for Hail and Ghasha offers a replicable model for large-scale greenfield projects. The transaction is anchored by ADNOC’s reliability as an upstream developer and long-term offtaker, as well as its efficient capital management and innovative financing track record. It also provides financiers with robust long-term cash flows from high-quality assets, supported by strong contractual and structural protections.


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AMEA Power, in partnership with Kyuden International Corporation of Japan, has joined hands with the International Finance Corporation (IFC) and a consortium of international lenders to develop a large-scale solar photovoltaic (PV) and battery energy storage project in Egypt, aimed at strengthening the country’s energy security and grid resilience. The project, with a total investment exceeding USD 700 million, will comprise a 1,000 MW solar PV plant coupled with a 600 MWh battery energy storage system (BESS) in Egypt’s Aswan Governorate. Once commissioned, it is set to become Africa’s largest single-asset renewable energy facility integrated with battery storage. The project is jointly owned by AMEA Power, holding a 60% stake, and Kyuden International Corporation, which owns the remaining 40%. Commercial operations are targeted for June 2026. AMEA Power has already commenced early construction works ahead of the full financial close, underlining the project’s strategic importance in supporting Egypt’s rising electricity demand with clean and reliable energy solutions. The project is being financed through an approximately USD 570 million senior debt package led by IFC, including funding from its own account and capital mobilised from international partners such as Cassa Depositi e Prestiti (CDP), FMO, DEG, British International Investment (BII), the OPEC Fund for International Development, and Europe Arab Bank (EAB). Additional concessional blended finance is being provided through loans from the Clean Technology Fund (CTF) and the MENA Private Sector Development Program, supported by the Government of the Netherlands, with IFC acting as the implementing entity. On completion, the project is expected to generate more than 3 million MWh of clean electricity annually, sufficient to power over 500,000 households, while avoiding approximately 1.6 million tonnes of carbon dioxide emissions each year. Construction activities are projected to create more than 4,000 jobs, with the majority filled by local workers, contributing to skills development and economic growth in the region. The initiative builds on AMEA Power’s ongoing collaboration with IFC across North Africa, following the commissioning of major solar and wind projects in Egypt, as well as landmark renewable energy developments in Tunisia. The project also marks Kyuden International Corporation’s first investment in Egypt, further strengthening international participation in the country’s clean energy transition. Subscribe to get the latest posts sent to your email. Type your email… Subscribe


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Japan Petroleum Exploration Co., Ltd. (JAPEX) has approved the acquisition of U.S. tight oil and gas assets through the purchase of all equity interests in Verdad Resources Intermediate Holdings LLC, marking a significant expansion of its North American upstream portfolio. The transaction will be executed via Peoria Resources Acquisition Company, LLC, an overseas subsidiary managed by Peoria Resources, LLC. Closing is expected around the end of February 2026, subject to customary conditions. The acquired assets are located primarily in the Denver-Julesburg basin in northeastern Colorado, with additional interests in southeastern Wyoming. JAPEX said the assets will be operated directly and are expected to materially strengthen its production and reserves base, with net production projected to approximately double and proved reserves to increase by roughly threefold. Following completion of the acquisition, Peoria Resources will lead production and development activities, establishing an operator-led business in the U.S. tight oil and gas sector. JAPEX plans to staff the operation with approximately 50 personnel, including existing Peoria employees and operational staff transitioning from the seller. JAPEX intends to pursue continuous development of the assets beginning in 2026 and extending into the early 2030s. Management roles for the U.S. operations include industry veterans with experience at BP and other North American E&P companies. The acquisition aligns with JAPEX’s strategy to expand its upstream footprint in North America and leverage operational expertise gained through prior U.S. projects. The company also indicated that the assets could support future growth opportunities, including gas development and potential collaboration with LNG projects, as well as the application of subsurface and carbon capture expertise developed in other regions. JAPEX said the transaction strengthens its long-term earnings base while supporting disciplined growth in established U.S. unconventional basins.


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December 18, 2025 Kuwait will sign a contract next week with China Communications Construction Company (CCCC) to complete the Mubarak Al-Kabeer Port project, Public Works Minister Noura Al-Mashaan said on Thursday. The Central Agency for Public Tenders approved on December 1 a contract between the ministry and CCCC for engineering, procurement and construction of the port's first phase, according to the official gazette. The contract is valued at 1.219 billion Kuwaiti dinars ($3.97 billion), a government document seen by Reuters showed. Kuwait's prime minister will attend the signing ceremony with the Chinese side, Al-Mashaan said in a statement. Mubarak Al-Kabeer Port, on Bubiyan Island in northern Kuwait, is a strategic project aimed at creating a secure regional corridor and commercial hub. China has sought to link it to its Belt and Road Initiative. Kuwait hopes the project will support economic diversification, boost GDP and help restore its regional commercial and financial role. The government says about 50% of the first phase has been completed but gave no details on remaining work. The port is among several mega-projects Kuwait is pursuing with Chinese support, including power and water plants, renewable energy and waste recycling projects, as well as new residential cities. Kuwait signed several memorandums of understanding with China in 2023 during a visit to Beijing by then-Crown Prince Sheikh Meshal Al-Ahmad Al-Sabah, who became emir in December 2023. ($1 = 0.3068 Kuwaiti dinars) (Reuters)


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The Papua New Guinea (PNG) Mining and Industrial Resources conference and exhibition (PNG Expo), taking place in Port Moresby over July 1-2, will showcase a resource-rich mining sector that’s the envy of the Pacific region. The two-day exhibition will feature an array of equipment displays and stands across an expanded floorplan at the Stanley Hotel and Suites in Port Moresby. A wide range of mining industry service providers are set to be a part of proceedings, giving visitors the chance to connect with new products, innovations, and technology solutions, In response to exceptional demand and significant year-on-year growth, PNG Expo 2026 will feature an expanded floorplan, elevating the event experience and supporting its continued trajectory as the region’s premier industry showcase. Among the businesses already signed up to exhibit at PNG Expo 2026 are procurement specialist Lincom Group, engineering solutions provider Sandivik, wireless diagnostics developer Safe Guage, and maintenance, repair and operations engineer Blackwoods. Global cable manufacturer and supplier Tricab has also returned as a silver sponsor of the 2026 event. Meanwhile, the conference side of the PNG Expo will showcase experts from across the mining and resources sector, each presenting on challenges and opportunities for the local industry. The free-to-attend conference program has been curated in collaboration with the editorial team at PNG Mining, and promises to be a dynamic platform for learning and insight. Of course, one of the biggest attractions of the PNG Expo event is the opportunity to network and build new and expanded connections across mines and across borders. The connections between Australia and PNG are becoming increasingly valuable as both country’s mining sectors continue to grow in both volume and levels of sophistication. These new connections don’t only happen on the expo floor! Rather, every element of the program is designed to spark conversation, build relationships, and create real opportunities for connection. This can happen throughout the event, whether it is at the welcome reception, the official networking functions, high-impact industry meetups, or even through informal catch-ups by the pool. To further help delegates prioritise these connectuions, the entire event, including all sideline activities, is conveniently hosted at a world-class, secure venue, eliminating the need for travel between sites and ensuring a seamless experience for all attendees. The 2025 event experienced a 10 per cent increase in attendees from 2024, and organisers are planning for similar growth in 2026. Secure your spot now: https://pngexpo.com/getinvolved/ Subscribe to PNG Mining and receive the latest news on product announcements, industry developments, commodities and more.


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Engineers working on the HS2 project have slid a 4,600t viaduct section across the M6 without a full carriageway closure, in what contractors say is a UK first that will reduce disruption for drivers. The 17‑hour operation carried out over the weekend of 13-14 December completed the three‑stage assembly and installation of the 315m long East deck of the M6 South viaduct, a structure that will carry high‑speed trains to Birmingham and beyond. The move was carried out by HS2’s main works contractor Balfour Beatty Vinci (BBV) in co‑operation with National Highways. In contrast to an earlier slide on the same structure that required a weekend shutdown of the motorway, the team developed a so‑called “fully restrained” technique for this slide that allowed the final section to be pushed over the live carriageway while traffic continued to flow. Only a slip road on the adjacent M42 was closed during the weekend. Engineers initially closed the M6 overnight between junctions 4 and 5 on Thursday 11 December to shift the viaduct forward by 12m so both ends of the beam would be supported on concrete piers. On Saturday the structure was then moved across the motorway at roughly 13m per hour using a system of strand jacks. To reduce friction the deck was slid on low‑friction pads made from a material similar to that used on non‑stick frying pans. The operation marks the halfway point of the M6 South viaduct project. A parallel West deck, which will carry two additional tracks for northbound trains, is due to be assembled and slid into position next year using the same method. The East deck has been built in stages to limit disruption: an initial 119m section was moved in June over a slip road and the next section, bringing it to 230m in total length, was slid into place at the end of September during a planned closure of both carriageways near junction 4. That September move was completed so efficiently the motorway was reopened more than nine hours ahead of schedule, the contractors said. The final East deck now spans 315m and weighs around 4,600t in its principal elements, with 82 precast slabs already installed on top of the steel structure to reduce future work over the motorway. Additional elements, including parapets, will be added later with track systems installed in future years. HS2 and BBV engineers were able to slide the final section of the viaduct over the M6 without closing it thanks to a new ‘fully restrained’ process Each HS2 viaduct over the M6 is a hollow double‑box structure made from weathering steel, which develops a protective oxidised surface, giving a characteristic “rusty” appearance and reducing the need for repainting. The viaducts are supported on four pairs of concrete piers, the tallest of which is 9.9m. A 4.5m‑high parapet will be fitted on the side facing Chelmsley Wood to mitigate noise from passing trains. Structural design was provided by BBV’s design joint venture, comprising Mott MacDonald, Systra and WW+P Architects. The operation will be seen as a test case for keeping major road corridors open while carrying out large‑scale rail infrastructure work. HS2 has faced regular scrutiny for cost increases and delays, and the project’s ability to limit road disruption is likely to remain an important factor for local communities and motorists as construction continues. Caroline Warrington, HS2 Ltd head of delivery, said: “Along the HS2 route we are pioneering new approaches to engineering and construction in order to deliver more efficiently and with less impact on our neighbours. “We believe this fully restrained slide was a first for the country, but most importantly it means we’ve been able to cut in half the number of times we’ve had to close the motorway. I’d like to thank everyone who worked so hard to make the operation a success.” Russell Luckhurst, the BBV engineer leading the delivery of the works, said: “We’re all feeling a huge sense of pride after sliding a 4,600t viaduct into its final position this weekend. The third and final slide of the East deck viaduct was delivered over a live motorway for the first time in the UK, making this achievement even more special. “Using this ‘fully restrained’ technique meant we were able to keep disruption to an absolute minimum. Our focus will now turn towards the neighbouring West deck viaduct, which will be launched in multiple phases throughout 2026, as well as the East deck finishing works.” National Highways regional director for the Midlands Victoria Lazenby said: “Our key focus is the impact that these major construction works have on our roads – we must both ensure the safety of road users and minimise the disruption they face. “So we are delighted that this innovative technique has meant that not only was this enormous structure slid into place without having to close the motorway during the day but also that the total number of closures needed has also been halved. “We will continue to work with HS2 and their partners to ensure the smooth running of our roads while this huge infrastructure project takes place and support any initiatives which will reduce disruption for drivers and local communities.” Like what you've read? To receive New Civil Engineer's daily and weekly newsletters click here.


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Rail AnalysisThe Asian Development Bank has approved a $240 million loan to support the expansion of the Chennai Metro Rail network. The funding will support new corridors, stations, and system development of sections of metro lines 3, 4, and 5. It aims to improve mobility, climate resilience, and inclusive urban transport across the Chennai Metropolitan Area. Introduction: The Asian Development Bank (ADB) has approved a $240 million loan to support the next phase of the Chennai Metro Rail Investment Project, marking a significant step toward improving urban mobility in one of India’s fastest-growing metropolitan regions. This loan represents the second tranche under ADB’s $780 million multitranche financing facility approved in 2022. The newly approved tranche follows the earlier $350 million loan provided under the first tranche and reinforces ADB’s commitment to strengthening Chennai’s public transport infrastructure. The funding aims to deliver cleaner, safer, and more reliable transport options while supporting the city’s long-term low-carbon development objectives. Expanding Metro Connectivity Across Chennai: The second tranche will finance the construction and system development of key sections of metro lines 3, 4, and 5. Together, these corridors will span approximately 20 kilometers, combining elevated and underground alignments. The project also includes the development of 18 new metro stations designed with universal access features to accommodate passengers of all abilities. Special emphasis has been placed on disaster-resilient infrastructure to ensure the safety and continuity of metro services during extreme weather events. These measures are especially important for Chennai, a coastal city increasingly exposed to climate-related risks. Key Components Funded Under Tranche 2: The ADB loan will support a wide range of civil and system works, including: These improvements are designed to ensure smoother passenger transfers and encourage greater use of public and non-motorized transport. Insight: Mr. Mio Oka, ADB Country Director for India, said, “This project will deliver safer, faster, and more reliable daily travel in Chennai while advancing the city’s low-carbon development goals. We look forward to continued collaboration to expand metro connectivity and further enhance the capacity of Chennai’s metro and suburban rail systems to meet the city’s growing mobility needs.” Focus on Inclusivity and Sustainability: Beyond physical infrastructure, the project places strong emphasis on social inclusion and safety. Station designs will incorporate features that enhance accessibility, while targeted measures will improve travel safety for women and vulnerable users. The project also supports initiatives to increase non-fare revenues, strengthening the long-term financial sustainability of the Chennai Metro system. Construction under this tranche is scheduled for completion by mid-2028, bringing Chennai closer to a modern, integrated, and resilient urban transport network. Conclusion: The $240 million ADB loan marks a major milestone in Chennai Metro’s expansion, supporting sustainable transport, climate resilience, and inclusive urban development. By strengthening connectivity and safety, the project will play a vital role in meeting the city’s growing mobility needs and shaping a greener future. Source: ADB – Press Release | Image Credit (representational): CMRL Timely insights, straight to your WhatsApp—stay updated with ease! Stay connected to the rail industry—timely news, straight to Telegram!


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Construction Review OnlineAffinius Capital LLC has successfully originated a $200 million construction loan to finance the development of 200 Douglass, a major new multifamily project in the rapidly transforming Gowanus neighborhood of Brooklyn, New York. The loan was provided to Midwood Investment & Development, a prominent New York-based developer led by CEO John Usdan. This significant financing package underscores the continued institutional confidence in the Brooklyn residential market, particularly in areas like Gowanus that are undergoing extensive rezoning-led revitalization. Located at the intersection of Douglass and Bond Streets, 200 Douglass is set to become a premier addition to the Brooklyn skyline. The 21-story Class A tower will feature 276 luxury residences, offering a mix of layouts ranging from studios to spacious three-bedroom units. Designed to maximize its waterfront location, the building will offer residents sweeping views of the Gowanus Canal, Downtown Brooklyn, the New York Harbor, and the Manhattan skyline. Beyond residential units, the project will activate the streetscape with 20,000 square feet of ground-floor retail space, contributing to the neighborhood’s growing commercial vibrancy—a surge in activity highlighted as $304 million financing is secured for Twin Echelon Studios in Brooklyn. A standout feature of the development is the creation of a 10,000-square-foot publicly accessible landscaped esplanade along the canal. This waterfront promenade is part of a broader effort to reconnect the community with the Gowanus Canal. It will turn a historically industrial waterway into a recreational and social asset. Location: 200 Douglass Street, Gowanus, Brooklyn, NY Developer: Midwood Investment & Development Lender: Affinius Capital LLC Loan Amount: $200 Million Building Height: 21 Stories Total Units: 276 Residences (Studios to 3-Bedrooms) Retail Space: 20,000 sq. ft. Public Space: 10,000 sq. ft. Waterfront Esplanade Completion Date: Targeted for Fall 2027 Key Amenities: 75-ft Outdoor Pool, Rooftop Terraces, Basketball Court, Co-working Lounge. The development has a robust suite of amenities intended to rival the top luxury buildings in the borough. Residents will have access to: A 75-foot outdoor lap pool with private cabanas. Multiple rooftop terraces equipped with fire pits, grilling stations, and lounge seating. A comprehensive fitness center with dedicated yoga studios. A half-court basketball court. Co-working spaces catering to the hybrid workforce. Family-friendly facilities including a children’s playroom and a dog washing station. “200 Douglass will offer luxury living, with exceptional waterfront views and direct access to the new public esplanade right in the heart of Gowanus. It is one of Brooklyn’s most dynamic and rapidly evolving neighborhoods,” said John Usdan, CEO of Midwood Investment & Development. He noted that the financing marks a significant milestone as Midwood celebrates its 100-year legacy in New York City. The Gowanus neighborhood has become a focal point for development following a 2021 rezoning that allowed for higher density and mixed-use projects. Affinius Capital’s involvement highlights the area’s transition from an industrial past to a residential and commercial hub. “200 Douglass represents an exceptional multifamily investment in Brooklyn’s thriving Gowanus neighborhood which continues to evolve from its industrial roots into a premier residential destination,” stated David Greenburg, Managing Director and Co-Head of Debt Origination at Affinius Capital. “This transaction exemplifies our strategy of partnering with superior sponsors such as Midwood to finance institutional-quality multifamily assets in high-growth submarkets.” The financing deal was arranged by a JLL Capital Markets team led by Scott Aiese and Lauren Kaufman.


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The Strategic Infrastructure Development planning application and Compulsory Purchase Order application for the Water Supply Project Eastern and Midlands Region will be submitted to An Coimisiún Pleanála. The planning application will consist of over 500 separate documents. Water supply in the Eastern and Midlands region faces major challenges, notably the over-reliance on a single source to supply 1.7 million people. When delivered, te once-in-a-generation project will ensure a sustainable, secure and resilient supply of drinking water to the Greater Dublin Area and wider Eastern and Midlands region. It will also enable the water company to adapt to the effects of climate change by diversifying its water supply sources. The essential project will provide Dublin, Meath, Kildare and Wicklow with a resilient, safe, secure water supply. It will also create a treated water supply ‘spine’ across the country, providing infrastructure with the capacity for future offtakes to serve communities along the route in Tipperary, Offaly, and Westmeath. In addition, the project will enable supplies currently serving Dublin to be redirected back to Louth, Meath, Kildare, Carlow and Wicklow, providing security of supply to homes and businesses, which will support growth and promote regional development. The Water Supply Project proposes to draw water from Parteen Basin, upstream of Parteen Weir on the Lower River Shannon, utilising a maximum of 2% of the long-term average flow at Parteen Basin. It is proposed that the water will be treated near Birdhill, Co Tipperary and treated water will then be piped 170km through counties Tipperary, Offaly and Kildare to a termination point reservoir at Peamount in County Dublin, connecting into the Greater Dublin Area water distribution network. Image: Water Supply Project Map Subject to a successful planning application, Uisce Éireann proposes to start construction in 2028, with completion within five years, with a budget estimate of between €4.58 billion and €5.96 billion. Based on the cost estimate, Uisce Éireann say the project can deliver in excess of €10 for every €1 of project costs, representing a positive investment for the State. At peak construction, the project will employ more than 1,000 people directly, with a significant associated spend on local supplier goods and services. Uisce Éireann is proposing a bespoke Community Benefit Scheme as part of the Water Supply Project, to support communities that will host construction activities and permanent infrastructure. Speaking about the project, Maria O’Dwyer, Infrastructure Delivery Director at Uisce Éireann said: “The need is clear - the growing water supply deficit and lack of supply resilience in the Eastern & Midlands Region is simply not sustainable. It is estimated that 34% more water will be needed by 2044 in the Greater Dublin Area. This project is critical to enable us to support housing delivery and is backed by the Government’s continued funding commitment. Over the coming months we will continue to engage with potential contractors and progress the procurement process so that, subject to the planning approval, works can be mobilised as quickly and efficiently as possible.” Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation, Jack Chambers TD, commented: “The submission of this planning application for the Water Supply Project to An Coimisiún Pleanála is a major milestone that will unlock housing in the Eastern and Midlands Region. This project is a vital piece of infrastructure to support Ireland’s development, not alone in the delivery of new homes for young people, families and workers in our economy, but to sustain businesses and communities right through the Midlands and Eastern region of our country.”


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Groupe ADP has presented a draft Economic Regulation Contract (CRE) covering 2027 to 2034, aimed at supporting the transformation of Paris’ airports and enhancing the competitiveness of France’s air transport hubs. The proposal comes as the French air transport sector faces multiple pressures, including the need to reduce carbon emissions, respond to regulatory and fiscal constraints, and maintain growth in passenger traffic. In response, Groupe ADP is planning a long-term investment programme totalling 8.4 billion EUR. The investment is intended to expand capacity, improve operational efficiency, and strengthen the appeal of Paris as a hub in the European and global airport network. The CRE emphasises a phased and modular approach to development, with gradual expansions designed to limit disruption and ensure economic sustainability. Over the eight-year period, the programme is expected to create capacity for an additional 18 million passengers, while focusing on cost management within the regulated scope. Groupe ADP has targeted cost savings of approximately 130 million EUR by 2034, aiming to limit regulated cost growth to the harmonised consumer price index (CPI) plus 1.2 points annually, compared with a projected trajectory of CPI plus 2.4 points. The draft CRE proposes a regulated return on capital invested aligned with the weighted average cost of capital, at an average of 5.9% over the contract period. Tariffs for airlines are expected to rise by CPI plus 2.6 points on average, reflecting the scale of planned investments while remaining competitive relative to other European hubs. Complementary mechanisms are also included to distribute risks fairly across the multi-year programme. The industrial project we are undertaking today is essential to guaranteeing the sustainable and long-term development of Parisian airports: to successfully transform Parisian airports, decarbonise the sector, and increase competitiveness in Paris for the entire airport ecosystem. This is our responsibility and our core business. To achieve this transformation, the planned historic investments—more than €1 billion per year on average for eight years—would be financed by a new economic regulation contract. The draft contract presented seeks to strike the right balance between an unprecedented level of investment, the profitability of which is both guaranteed and capped by law, and tariffs applicable to airlines that, after the proposed increase, will remain at the lower end of the range compared to our competitors. The proposal forms part of Groupe ADP’s broader strategic approach, with a future plan in 2027 expected to outline long-term value creation and the group’s role as a contributor to France’s economic, social, and territorial objectives.


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Austin-Bergstrom International Airport (AUS) has announced a major funding injection from the Federal Aviation Administration (FAA) that aims to help meet Central Texas’ growing travel demands. A Letter of Intent (LOI) has been received by AUS from the FAA which commits 108 million USD in long-term federal reimbursements to support the airport’s Airfield Capacity Improvements project, which will include the construction of new taxiways and upgrades to existing airfield infrastructure. The investment will also fund a portion of the airport’s Journey With AUS expansion project, which will deliver Concourse B and enable the building of new taxiways. Once built; Concourse B will add over 20 new gates to support future airline growth, as well as bring additional concession opportunities for restaurants, shops, lounges, live music venues, and passenger amenities. The LOI comes in the wake of a bipartisan letter of support signed by Congressman Lloyd Doggett and signed by Representatives Greg Casar, Michael McCaul, Chip Roy, and John Carter in June 2024, which led to the securing of FAA approval and an emphasis on the importance of investing in AUS’s infrastructure. Thus far, AUS has secured a total of 96.34 million USD from the FAA’s Airport Terminal Program for the Concourse B and Tunnel project, and will continue applying for competitive federal funding whilst also utilising traditional financing methods including airport revenue bonds, cash-on-hand and future revenues to deliver both this and other potential expansion projects. Safe, modern infrastructure is essential to keeping our aviation system the safest and most efficient in the world. This investment at Austin–Bergstrom International Airport (AUS) will reduce delays and increase capacity as the airport continues to grow.


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The move underscores how New York City is increasingly tying major construction projects to PLAs. More than $7 billion in upcoming construction in New York City will fall under new PLAs, according to a Nov. 24 news release from the office of Mayor Eric Adams, including the Battery Park City project. The endeavor is the third large-scale resiliency infrastructure project undertaken by BPCA since Superstorm Sandy, according to a Turner news release. “More than $7 billion in Project Labor Agreements is the kind of big, bold commitment New York needs right now,” said Carlo Scissura, president and CEO of the New York Building Congress, in the release. “This deal means faster projects, safer jobs and fairer wages for the union trades who build our city every day.” The PLA is structured to support thousands of union jobs and promotes initiatives such as Helmets to Hardhats and Construction Skills, according to the release. “This is why PLAs, like the one signed today, are crucial,” said Gary LaBarbera, president of the Building and Construction Trades Council of Greater New York, in the release. “They guarantee fair and livable wages, safe work environments and more accessible pathways to the middle class for tradesmen and tradeswomen.” Turner and SPC, along with Amsterdam-based engineering firm Arcadis, Copenhagen-based design firm Bjarke Ingels Group and New York’s Scape Landscape Architecture have been planning the project for four years. The coastal protection system includes integrated flood risk management features, reconstructed bulkheads, improved stormwater management and upgraded public spaces along the Battery Park city waterfront, according to the Turner release. New infrastructure will protect the area from 2.5 feet of projected sea level rise, help cool during heat events and prevent ponding more than 1-foot deep during heavy rains. Once complete, officials say the project will ultimately remove Battery Park City from the Federal Emergency Management Agency’s flood zone, which means homeowners will no longer be required to purchase flood insurance in the area. “The Battery Park City Project is a massive undertaking, and this agreement, coupled with our progressive-design build model, codifies that the work will be completed efficiently and to the highest standards,” said Raju Mann, president and CEO of the Battery Park City Authority, in the release.


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Africa Mining MarketBHP Group Ltd. has agreed a US$2 billion infrastructure deal with Global Infrastructure Partners (GIP), part of BlackRock, to help fund the inland power network that supports its vast Western Australia Iron Ore (WAIO) operations. WAIO, in which BHP owns 85%, is made up of four joint ventures across the Pilbara. Under the agreement, a new trust will be created with BHP holding a 51% controlling stake. GIP will contribute US$2 billion for the remaining 49%. In return, BHP will pay a tariff over 25 years linked to its share of power use across WAIO. Crucially, the miner retains full operational control of both WAIO and the power infrastructure. The arrangement does not alter existing joint venture terms, state agreements or asset ownership. BHP said WAIO will continue to focus on lifting production to 305 million tonnes a year through targeted investment while keeping options open for further growth. The company said proceeds from the deal will be assessed under its capital allocation framework, which prioritises balance sheet strength and disciplined investment. Completion is expected by the end of financial year 2026, subject to regulatory approvals, including sign-off from Australia’s Foreign Investment Review Board. Mike Henry, BHP’s chief executive, said the partnership gives the business access to capital “while maintaining operational and strategic control of a critical part of WAIO’s infrastructure”. Chief financial officer Vandita Pant said the structure enhances financial flexibility and supports long-term value creation. GIP, an infrastructure specialist, manages around US$189 billion across energy, transport, digital and utilities assets. Want more stuff like this? Join over 65, 400 subscribers and receive our weekly newsletter! Please check your inbox or spam folder to confirm your subscription.
